Thread regarding Education Management Corporation layoffs

Take a Guess: What will EDMC Have to Do To Satisfy the Debt?

"The company, partly owned by Goldman Sachs Group Inc. and Providence Equity Partners LLC, will “likely not satisfy” terms of its credit accord this quarter and has hired a financial adviser for discussions with lenders..."....http://www.businessweek.com/news/2014-05-08/goldman-s-school-operator-seen-in-equity-swap-corporate-finance

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